Artificial Intelligence Tool Taps Power of Both Sides of Brain

Austin–based Lucid Holdings says its AI tool sources powers from both sides of the brain. Seeking to enhance oil and gas productivity, efficiency and safety, oil and gas companies have been exploring how to use artificial intelligence (AI).   The application in oil and gas of AI – or, the application of science and engineering with the intent of intelligent machine composition – is not new, according to the Journal of Artificial Intelligence and Soft Computing Research. The first application of AI in exploration and production, for well log interpretation, drillbit diagnosis using neural networks, and intelligent reservoir simulation interface, was recorded in 1989. AI has been used to address a variety of issues in oil and gas, such as seismic pattern recognition, reservoir characterization, permeability and porosity prediction, prediction…


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